Post by Nneka Onyekwere (@Noblegold)

πŸ’‘ Finance Insight – Day 8

Pricing your products or services without knowing your costs
can silently destroy your profit.

Always calculate:
β€’ Direct costs
β€’ Operating expenses
β€’ Desired profit margin

Knowing your costs ensures your prices are profitable.πŸ‘Œ

πŸ’‘ Finance Insight – Day 8

Pricing your products or services without knowing your costs
can silentl...

0 likes Β· 0 comments Β· 0 shares

Comments

Ndubuisi Raphael Agua: This is really insightful πŸ‘

I like how you broke it down so simply.

It’s easy to focus on selling and forget the numbers behind it.
Nneka Onyekwere: I am glad you found it insightful.πŸ‘πŸŽ‰
Thank you so much 😊

I will try as much as possible to make more insightful posts to enhance financial decision making πŸ‘Œ
We moveπŸ’ͺ